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Nigeria - Real Effective Exchange Rate 1992

Real effective exchange rate index · BIS

49.77 −10.32 from 1991 Global rank: 5th

Nigeria's real effective exchange rate was 49.77 in 1992, decreased +10.32 from 60.10 in 1991. This was the 5th highest globally.

Global Ranking - 1992▾

Real Effective Exchange Rate by Country - 1992
Rank	Country	Value	YoY
1st	Romania	41.97	-37.7%
2nd	Slovak Republic	44.98	1.3%
3rd	Czechia	45.09	4.6%
4th	Zambia	46.99	-4.5%
5th	Nigeria	49.77	-17.2%
6th	Poland	61.68	6.1%
7th	Hungary	64.03	8.9%
8th	Iran, Islamic Republic of	72.38	-45.0%
9th	Equatorial Guinea	75.61	-4.2%
10th	Uruguay	76.84	7.3%
11th	Australia	76.95	-18.1%
12th	Colombia	77.16	11.1%
13th	New Zealand	79.79	-5.4%
14th	Samoa	79.97	3.2%
15th	Trinidad and Tobago	82.82	2.1%
16th	Brazil	84.45	-12.3%
17th	China	84.58	-4.3%
18th	Costa Rica	85.74	5.8%
19th	Greece	85.98	-2.9%
20th	Dominican Republic	86.03	0.8%
21st	Malta	91.45	-3.8%
22nd	Cyprus	91.55	3.2%
23rd	Hong Kong SAR, China	91.78	19.7%
24th	Solomon Islands	91.94	-1.1%
25th	St. Kitts and Nevis	92.43	-1.4%
26th	Chile	93.28	5.7%
27th	Switzerland	93.63	11.0%
28th	Denmark	95.58	3.4%
29th	Paraguay	97.13	-3.0%
30th	Portugal	97.16	8.7%
31st	Norway	97.34	-17.4%
32nd	Singapore	97.71	15.3%
33rd	Canada	97.84	-22.1%
34th	Netherlands	98.75	8.9%
35th	Morocco	99.87	0.5%
36th	Philippines	100.37	10.5%
37th	Luxembourg	101.01	0.3%
38th	St. Lucia	101.27	0.6%
39th	United States	101.79	30.6%
40th	Belgium	102.54	8.5%
41st	Belize	103.23	-3.1%
42nd	Ireland	103.32	1.0%
43rd	Austria	103.45	12.2%
44th	Grenada	104.44	-1.0%
45th	Israel	104.64	-2.5%
46th	Sierra Leone	106.25	-9.4%
47th	Japan	107.04	-13.3%
48th	France	107.33	1.0%
49th	Spain	107.34	0.3%
50th	Bolivia, Plurinational State of	108.68	-1.7%
51st	Mexico	108.96	-12.8%
52nd	Germany	110.91	10.8%
53rd	Papua New Guinea	111.54	-0.2%
54th	St. Vincent and the Grenadines	111.93	-4.7%
55th	Bahamas, The	115.64	2.5%
56th	Italy	116.48	-0.6%
57th	Finland	117.54	-6.3%
58th	Togo	119.90	1.2%
59th	Saudi Arabia	120.01	-5.8%
60th	Uganda	120.16	-33.2%
61st	United Kingdom	120.22	-1.3%
62nd	Burundi	121.62	-12.7%
63rd	Pakistan	121.64	-1.8%
64th	Fiji	121.90	0.2%
65th	Malaysia	123.42	6.7%
66th	Bahrain	124.34	-5.1%
67th	Côte d'Ivoire	126.49	4.2%
68th	Ghana	127.03	-11.8%
69th	Dominica	128.68	0.8%
70th	Nicaragua	130.64	17.7%
71st	Antigua and Barbuda	131.06	-1.5%
72nd	Korea	131.49	21.6%
73rd	Tunisia	133.12	2.0%
74th	South Africa	134.31	3.2%
75th	Algeria	135.15	2.6%
76th	Central African Republic	141.48	-2.0%
77th	Guyana	143.35	9.7%
78th	Iceland	144.37	0.3%
79th	Sweden	146.71	-8.3%
80th	Cameroon	150.00	0.6%
81st	Gabon	151.25	-9.7%
82nd	Malawi	181.62	-8.3%
83rd	Gambia, The	198.92	0.9%
84th	Lesotho	207.13	7.3%
85th	Congo, Democratic Republic of	251.05	-

FAQ

What was Nigeria's real effective exchange rate in 1992?▾

Nigeria's real effective exchange rate in 1992 was 49.77. This ranked 5th globally.

How did Nigeria's real effective exchange rate change in 1992?▾

Nigeria's real effective exchange rate decreased by 17.2% in 1992 compared to 1991.

Which country had the highest real effective exchange rate in 1992?▾

Congo, Democratic Republic of had the highest real effective exchange rate in 1992 at 251.05.

What is the real effective exchange rate of Nigeria in 1992?▾

The real effective exchange rate of Nigeria in 1992 was 49.77. This ranked 5th globally.

How does 1992 compare to 1991 for Nigeria's real effective exchange rate?▾

Nigeria's real effective exchange rate went from 60.10 in 1991 to 49.77 in 1992, a 17.2% decrease.

HistorySaid - pattern alert

Nigeria matched the Currency Crisis Pattern pattern in 1992. Historically: 128 occurrences, 35 successful (27%). Outcome 24 months later: 57.0%. View full analysis →

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